Steve Zervoudis Acquires Development Site At 1730 Edison Avenue In Bronx For $740000

The asset involved in this transaction is a development site located at 1730 Edison Avenue in the Bronx. The sale price was $740,000, with a building square footage of 2,375 square feet, translating to a price per square foot of $311. The total building square footage (BSF) is reported at 7,571, resulting in a price per building square foot (PPBSF) of $97.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $740,000
• Address: 1730 Edison Avenue
• Market: Bronx
• Building Square Footage: 2,375 SF
• Price per Square Foot: $311
• Total Building Square Footage: 7,571 BSF
• Price per Building Square Foot: $97
• Buyer: Steve Zervoudis
• Seller: John Yu
• Brokers: Mitchel Flaherty, Brian Whelan & Jonathan Auerbach - Ripco

Key individuals in the transaction include buyer Steve Zervoudis and seller John Yu, with brokers Mitchel Flaherty, Brian Whelan, and Jonathan Auerbach representing the parties involved in the deal through Ripco.